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Turkmenbashi GPP sold 7,500 tonnes of PP at Commodity Exchange of Turkmenistan in early May

May 05/2017

MOSCOW (MRC) -- The next export trades at the State Commodity and Raw Materials Exchange of Turkmenistan were held in the first three days of May. 7,500 tonnes of polypropylene (PP) were sold, as per ICIS-MRC Price report.

On 1 May, Turkmenbashi Gas Processing Plant"s 11,500 tonnes of PP were put up for auction  at the State Commodity and Raw Materials Exchange of Turkmenistan at the starting price of USD960/tonne FCA/FOB port of Turkmenbashi.

Buying activity in the trades was not as high as in April. However, about 7,500 tonnes of PP to be shipped within 4-6 months were contracted at the starting price in the first three days of the trades.

As reported earlier, in April, Turkmenbashi GPP"s 45,000 tonnes of PP were  put up for auction in the export trades of the State Commodity and Raw Materials Exchange of Turkmenistan. The put up for action PP was aimed for shipment within 9 months at the starting price of USD960/tonne FCA/FOB port of Turkmenbashi. 33,500 tones of  PP were sold at the Commodity Exchange for the whole month.


mrcplast.com
Author:Margaret Volkova
Tags:PP, Turkmenbashy Refinery, Turkmenistan.
Category:General News
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